Reddit · r/Schwab · Apr 22, 2025
NegativeSummary of a Reddit comment
Switched to Schwab after the desktop app crashed twice in a few days and the single-device login proved frustrating.
Brokerage
A score out of 100 for how well reviewed a product is. It rises with positive reviews and with how many there are; negative and mixed reviews take points off.
So a handful of glowing reviews can’t beat a product lots of people like. No sponsored placements.
Reddit · r/Schwab · Apr 22, 2025
NegativeSummary of a Reddit comment
Switched to Schwab after the desktop app crashed twice in a few days and the single-device login proved frustrating.
Reddit · r/Schwab · Apr 3, 2025
NegativeSummary of a Reddit comment
Moved from IBKR to Schwab because mid-price option combo limit orders often sat unfilled on IBKR but filled more often at Schwab.
Reddit · r/investing · Apr 20, 2026
NegativeSummary of a Reddit comment
Had a rough start: a deposit was held for weeks, the new account was then frozen as suspicious activity after they pulled the funds back through their bank.
Reddit · r/investing · Mar 19, 2026
NegativeSummary of a Reddit comment
Was locked out of the account after an annual information update dialog removed commodities, futures and options eligibility, and could not read support's reply without accepting the new terms.
Reddit · r/investing · Dec 29, 2025
NegativeSummary of a Reddit comment
Ran into many problems when shorting or buying commodities because of strict risk policy.
Reddit · r/investing · Aug 21, 2025
NegativeSummary of a Reddit comment
Used Schwab, eToro and IB and found IBKR support a nightmare, with long waits and tickets that auto-close every seven days.
Reddit · r/Bogleheads · May 8, 2025
NegativeSummary of a Reddit post
As a US resident, found IBKR blocked purchase of a Canadian ETF, and support could only say to test other funds one by one.
Reddit · r/investing · Apr 7, 2025
NegativeSummary of a Reddit post
Found that the Lite plan lacked live overnight data and bought at a stale price, advising against it for trading outside market hours.
Reddit · r/investing · Mar 6, 2025
NegativeSummary of a Reddit post
Reports support chat and a 40-minute phone wait failing to find a trade that did not fill, calling the customer service unbelievably bad.
Reddit · r/Schwab · Jan 18, 2025
NegativeSummary of a Reddit comment
Abandoned it after annoyances such as clumsy notification controls and a cumbersome transaction history, though still likes the mobile app for looking up info.
Reddit · r/Schwab · Jan 17, 2025
NegativeSummary of a Reddit post
Prefers Schwab's thinkorswim, finding the platform slow with constant reminders and repeated authentication.
Of the 29 reviews with a clear verdict, 41% are positive, 21% mixed and 38% negative. The praise mentioned most is reliable. The most common complaint is hidden fees.
The praise reviewers mention most: reliable (1 review). For example: Keeps their investments at the broker and says they never give it a second thought, noting it has been stable for decades.
The complaints reviewers mention most: hidden fees (1 review) and poor support (1 review).
It's how well reviewed Interactive Brokers is, out of 100. Negative and mixed reviews take points off, and so does having only a few reviews: a product needs plenty of them, compared with the most-reviewed products here, to reach the high 80s and 90s. It's worked out from reviews only, needs at least 5 of them, and updates as new ones come in.
Category: Brokerage. Type: Brokerage account. Fees: $0 commissions on US stocks and ETFs with IBKR Lite. Rates & rewards: Up to USD 3.38% on uninvested cash (full rate at NAV of USD 100,000+; first USD 10,000 earns 0%); margin loans from USD 4.38%.
29 are quotes from Reddit, each linked to the original. Customer reviews are checked for spam before they appear. Every review, written here or quoted, is read as positive, mixed or negative.